AIDS PROJECT WORCESTER INC

EIN: 042970467 501(c)(3) Diseases & Disorders

WORCESTER, MA

Total Revenue
$4,189,187
Total Expenses
$3,928,052
Total Assets
$3,921,813
Net Assets
$2,809,279
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MA
Principal Officer
MICHELLE SMITH
Phone
5087553773
Tax Period
2024-04-01 to 2025-03-31

AIDS PROJECT WORCESTER INC, founded in 1987, is a community nonprofit in the Diseases & Disorders sector that reported $4.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.9M left a modest 6% surplus.

Mission

AIDS PROJECT WORCESTER IS A NONPROFIT ORGANIZATION IN CENTRAL MASSACHUSETTS DEDICATED TO ENDING THE HIV/AIDS PANDEMIC AND FOSTERING WELLNESS THROUGH SERVICE, ADVOCACY, PREVENTION, EDUCATION, AND COLLABORATIVE INITIATIVES. WE EMPOWER AND ENHANCE THE LIVES OF PEOPLE INFECTED AND AFFECTED BY HIV/ AIDS BY FIGHTING STIGMA AND DISCRIMINATION AND THROUGH INDIVIDUALIZED SERVICES AND BEST PRACTICES IN A SUPPORTIVE, MULTICULTURAL SETTING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,162,028
Program Service Revenue $0
Investment Income $21,630
Other Revenue $5,529
TOTAL REVENUE $4,189,187

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,013,445
Fundraising Expenses $5,048
Program Expenses $3,716,580
Other Expenses $1,914,607
TOTAL EXPENSES $3,928,052

Year-over-Year Comparison

2024 2023 Change
Revenue $4,189,187 $3,838,302 +0.1%
Expenses $3,928,052 $3,831,878 +0.0%
Net Income $261,135 $6,424 +39.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
54
Volunteers
360

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$143,625
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLEN FOLEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
TSITSI MASVAWURE CHAIR 1.00
Officer Director
$0 $0 $0
KIM DAWKINS TREASURER 1.00
Officer Director
$0 $0 $0
SHARON DERANEY CLERK 1.00
Officer Director
$0 $0 $0
LINDA DOHERTY DIRECTOR 1.00
Director
$0 $0 $0
VIRGINA MURPHY DIRECTOR 1.00
Director
$0 $0 $0
HINA SALEEM DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SCAGLIONE DIRECTOR 1.00
Director
$0 $0 $0
ANGELA WENDORFF DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE SMITH CEO 40.00
Officer
$128,946 $14,679 $143,625
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,189,187 $3,928,052 $3,921,813 $261,135
2024 $3,838,302 $3,831,878 $4,108,219 $6,424
2023 $2,627,123 $2,601,805 $3,658,042 $25,318
2022 $2,599,976 $2,630,190 $2,932,294 $-30,214
2021 $4,796,416 $2,645,671 $3,294,656 $2,150,745
2020 $2,372,813 $2,339,130 $666,426 $33,683
2019 $1,970,005 $1,982,570 $586,463 $-12,565
2018 $1,818,025 $1,819,069 $555,899 $-1,044
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